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3 years ago

The fastest growing category of promotional spending is:

1 answer:

4 0

The correct answer that would best complete the given statement above is the term SPONSORSHIP. The fastest growing category of promotional spending is sponsorship. Sponsorship<span> advertising is a form of advertising where a company will </span>sponsor<span> some event or organization. Hope this answer helps.</span>

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Factors that can effect prices could include advances in technology, changes in prices of raw materials or new government taxes.

lisov135 [29]

It is true that factors that can affect prices could include advances in technology, changes in prices of raw materials or new government taxes.

6 0

3 years ago

The only skill required of managerial accountants is that they have a solid knowledge of both financial and managerial accountin

abruzzese [7]

Answer:

False

Explanation:

we could see the following difference between Managerial and Financial accounting

Managerial Accounting

Primary User: Internal
Purpose of Information: To help managers make decisions
Focus: Segments
Frequency: As needed
Auditing: Not subject to audit
Required: No
Time Frame Focused:Future

Managerial Accounting

Primary User: External
Purpose of Information: To help investor and creditor make decisions
Focus: Entire organization as a whole
Frequency: Quarterly and annually
Auditing: Publicly held companies are audited
Required: Required by GAAP, SEC, IRS, and others
Time Frame Focused: Past (historical transactions)

8 0

3 years ago

When supply is higher than demand, prices will

Julli [10]

Whenever supply is higher than demand prices will drop or lower

3 0

3 years ago

Read 2 more answers

Construct a balance sheet for Sophie’s Sofas given the following data. What is shareholders’ equity? Cash balances = $10,000 Inv

Mrrafil [7]

Answer:

Balance Sheet of Sophie's Sofas for the year ended December 31th 20XX

Cash 10,000 Account Payable 17,000

Account Receivable 22,000 Long Term Debt 170,000

Inventory 200,000 Total Liabilities 187,000

Current Assets 232,000 Stockholders Equity 145,000

PPE 100,000

Total Assets 332,000 Total SE + Liab 332,000

Explanation:

We calculate equity using the accounting equation:

Assets = Liabilities + Equity

We add all the assets in one column, and the liab in another. Now, once we got these two, we calculate equity by subtracting:

332,000 - 187,000 = Equity = 145,000

6 0

2 years ago

Suppose that as the output of mobile phones increases, the cost of touch screens and other component parts decreases. If the mob

Katena32 [7]

Answer:

Downward sloping

Explanation:

The demand curve illustrate what's known as the law of demand in economics. Consumers buy more of something when its price is lower and less when the price is higher. There is an inverse relationship between price and demand, meaning that when one rises, the other falls.

Economists give three basic reasons for the law of demand and thus for the downward slope. First is the "income effect" when prices drop (or rise), people can buy more(or less) of a good for the same amount of money. Second is the "substitution effect" if a consumer doesn't see a meaningful difference between products, they'll buy the one with the lowest price, so a price increase will drive them toward substitutes, while a reduction will draw them in.

Third is the concept of "diminishing marginal utility": if you already have plenty of something, you have less of a need to buy more of it.

4 0

3 years ago